Bank of the James Financial Group Inc. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2013. For the quarter, interest income was $4,751,000 against $4,659,000 a year ago. Net interest income was $4,144,000 against $4,008,000 a year ago. Net income was $663,000 or $0.20 per basic and diluted share against $747,000 or $0.22 per basic and diluted share a year ago. Return on average assets was 0.60% against 0.69% a year ago. Return on average equity was 8.37% against 10.51% a year ago.

For the full year, interest income was $18,428,000 against $18,753,000 a year ago. Net interest income was $15,989,000 against $15,737,000 a year ago. Net income was $3,060,000 or $0.91 per basic and diluted share against $2,132,000 or $0.64 per basic and diluted share a year ago. Return on average assets was 0.71% against 0.50% a year ago. Return on average equity was 10.13% against 7.76% a year ago. Book value per share was $8.85 at December 31, 2013 compared with $8.83 per share at December 31, 2012.